Author: Lloyd Graff

Today I have doctoring on my mind. I’ve spent the last 10 days in the throes of worry, tests, doctor visits and more tests. I came out the other side with a good diagnosis, but exhausted by the process. And I think of how much worse it would have been without my wife Risa accompanying me for every visit and comforting me throughout the experience. I also have had capable and caring doctors who explained everything in depth at the University of Chicago hospital. Still it was an ordeal. It started with seeing blood in my urine. Not a little,…

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I get to do this blog today partly because my son Noah is traveling and will not get a chance to edit my writing like he generally does. I have the very fortunate opportunity to work with my adult son, Noah, in both the machine tool business and Today’s Machining World. I know “family business” may be passé to many people, an artifact of a simpler time when trades were passed on and farms stayed in the family because people felt tied to the land. But for a lucky few, father and child not only get along well enough to…

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I have been into the topic of entrepreneurship lately. I see it as the creative driver of the American economy, but I’ve been struck by the lack of comments from readers on previous blogs on the subject. Maybe entrepreneurs are too busy with their young or potential businesses to be reading Swarfblog, or perhaps the machining community, which is the bulk of our audience, is too beaten down by what they have seen in recent years to want to tackle a startup. I did meet two business starters at Weekend With the Pros, a conference for machinery dealers held last…

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Over the last few weeks I have become addicted to the TV show Shark Tank. What is it that fascinates me so thoroughly that I will switch out of even a thrilling World Series game to tune into one of the mini dramas? I love the energy of the fresh entrepreneurs. Often, they are working out of their homes, perfecting a recipe or constructing what they think is the best back scratcher ever designed. Usually the products are made for consumers. Rarely do I see an industrial product or a sophisticated service. The show is for the masses so most…

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Why did I devote the previous two weeks to watching the Chicago Cubs during the playoffs? Sure—athletic feats are impressive and entertaining to watch. But why do I ecstatically jump up and down when my home team gets a big hit or strikes out an opposing batter? Why do I hurt when we strike out, when we make an error, when we lose? And why do I use the first person plural when referring to the Chicago Cubs? I don’t know any of the players personally, though our electrician Julio is friendly with fellow Dominican reliever Pedro Strop. Virtually none…

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All this death is killing me. The list of people with cancer who I care about keeps growing by the day. A friend from high school who was organizing my class reunion was hit by pneumonia and died in a week. Three hurricanes, an earthquake, the Las Vegas massacre, then the wildfires in California incinerating whole neighborhoods. It stinks, all that death out there. I just “celebrated” (endured) the Jewish holiday of Yom Kippur where Jews spend the day fasting and considering who will live and who will die this year. More consideration of death. I hate it. Maybe my…

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I love to watch the Shark Tank reruns on CNBC. The stories of committed entrepreneurs putting it all on the line in orchestrated mini-dramas in front of the “Sharks” is really quite absorbing. But the one thing I never see on the program is the entrepreneurial manufacturer looking for the backing to buy a Haas Mini Mill or Okuma lathe to start his business. In our machinery business we virtually never see a young man or woman buying a used machine to make fittings for Parker Hannifin or John Deere. I asked Bryan Harvey of Thompson Auctioneers if he sees…

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The stats from the PMPA (Precision Machined Parts Association) for August confirmed what I’ve been feeling for the past year. Business is really strong for machined parts manufacturers. It goes pretty much across the board. Automotive, aerospace, medical, even oil and gas and appliance are doing nicely. So is my machinery business that sells to the folks in this section of the manufacturing arena. This presents a new challenge for me. For almost the last 15 years I have been pushing uphill with only a few respites mixed in. The business trend has been mostly negative for American metalworking companies.…

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My day inches by. I was busy but a little scatterbrained. I know I had a dozen conversations, but by the end of the day it’s hard to remember who they were with. It is a dot on the calendar of life. Did I waste it? I feel a certain degree of desperation about frittering a day away. I am very aware of the finiteness of my being, but I have found a way to experience my day in a generally positive way. Write about it. I have a chunky black sketch book with creamy blank smooth pages. My pen…

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Lloyd and Noah Graff are traveling for a family funeral today, so we’ve scoured the archives for some favorite pieces to re-visit. The Illusion of Security May 2011 Volume 07 Issue 04 What is your “net worth?” I remember my father used to calculate his net worth often and would meticulously record the amount his assets exceeded his liabilities on sheets of paper he kept in an accordion file in his desk at home. When I worked with my Dad we would periodically discuss his net worth. He talked about it with reverence, sometimes in hushed tones, like the figures…

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